"Some of his initiatives are pure Ronald Reagan, such as his corporate-income tax cuts and deregulation efforts targeted at oil and gas. Some of his interventions would impress a Democratic Socialists of America chapter, such as demanding a public stake in Intel, requesting 15 percent of revenues from Nvidia's chip sales to China, and securing a "golden share" of U.S. Steel to retain veto power over its decision making."
"As for the rest of Trump's economic policy, it is a hodgepodge of 19th-century mercantilism, developing-world authoritarianism, and extremely online weirdness. The U.S. tariff rate stands near a 100-year high. When Trump isn't firing the statisticians who calculate unemployment, he's waging war against the independent central bank or posting about the fierce urgency of corporate-logo design. To put it simply, or at least as simply as one can:"
His initiatives combine Reaganite policies such as corporate-income tax cuts and oil-and-gas deregulation with interventionist demands like public stakes in Intel, revenue shares on Nvidia chip sales to China, and a "golden share" of U.S. Steel to preserve veto power. The broader agenda mixes 19th-century mercantilism, authoritarian trade interventions, and online-driven distractions. Tariff levels are near a century high. Actions include firing statisticians, confronting the independent central bank, and prioritizing corporate-logo disputes. Observers label the approach state capitalism with American characteristics, where the state guides decisions of nominally private enterprises, echoing past crisis-era interventions.
Read at The Atlantic
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